VP Funds Dividends-Received Deduction

2018 VP Funds Dividends-Received Deduction for Corporate Investors

Use this to determine your dividends-received deduction for corporate investors.

To determine the amount that qualifies for the 70% dividends-received deduction for corporations, multiply the total ordinary distributions received during calendar year 2018 by the percentage found on the right of the appropriate fund.

Fund Name Percentage to Apply to Ordinary Dividends*
VP Balanced Fund 60.22%
VP Capital Appreciation Fund 100.00%
VP Growth Fund 0.00%
VP Income & Growth Fund 48.67%
VP Inflation Protection Fund 0.00%
VP International Fund 0.00%
VP Large Company Value Fund 100.00%
VP Mid Cap Value Fund 100.00%
VP Ultra Fund 100.00%
VP Value Fund 100.00%

* Ordinary dividends includes net investment income distributions and short-term capital gain distributions.

American Century Investments Variable Portfolio Funds (VP Funds) are a series of investment choices available exclusively through variable annuity and variable universal life products. There are no plans to distribute VP Funds in any other way. Performance will vary based on the fees and expenses assessed with investments in variable insurance products. Those charges are disclosed in the separate account prospectus.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.